Sources tell DD that the gold bets are a reflection of Tether insiders’ belief that the commodity is the world’s best store ...
A fresh ratings clash has put the spotlight on the growing divide between digital-asset issuers and traditional financial ...
Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, ...
Tether CEO Paolo Ardoino Responds to S&P’s USDT Downgrade, Says Stablecoin Giant Takes It With Pride
Tether CEO Paolo Ardoino is responding to S&P Global Ratings after the firm lowered its stability rating on its stablecoin ...
S&P Global downgraded its rating of Tether, the world's largest stablecoin on Wednesday, citing an increase in higher-risk ...
By Elizabeth Howcroft PARIS (Reuters) -S&P Global has downgraded its rating of the world's largest stablecoin, Tether, citing ...
In recent months, Tether has bought dozens of tons of gold, with no central bank in the world keeping pace recently. The ...
The ratings agency cited bitcoin's rising share in the stablecoin reserves, making the token vulnerable to falling prices.
S&P Global may have surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent ...
Ardoino’s remarks come after S&P Global Ratings downgraded Tether’s USDT to the lowest score on its stablecoin stability ...
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as ...
USDT stablecoin issuer Tether is halting its Bitcoin mining operations in Uruguay due to high energy costs, local media has ...
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